You are viewing an obsolete version of the DU website which is no longer supported by the Administrators. Visit The New DU.

Latest

Greatest

Lobby

Journals

Options

Help

Reply #55: Paying off debt when cash is tight is insane. [View All]

Printer-friendly format

Email this thread to a friend

Bookmark this thread

This topic is archived.

Home » Discuss » Archives » General Discussion (1/22-2007 thru 12/14/2010)

TexasObserver

(1000+ posts) Send PM | Profile | Ignore

Fri Oct-02-09 08:49 AM
Response to Reply #52

55. Paying off debt when cash is tight is insane.

Paying off debt when deficit spending is so large it almost guarantees a period of advancing inflation is insane.

Paying off low interest debt on assets that appreciate is insane.

The "advice" this guy gives only appeals to people who know nothing about economics or finance, as this thread demonstrates repeatedly.

Printer Friendly | Permalink | | Top

Home » Discuss » Archives » General Discussion (1/22-2007 thru 12/14/2010)

Powered by DCForum+ Version 1.1 Copyright 1997-2002 DCScripts.com
Software has been extensively modified by the DU administrators

Important Notices: By participating on this discussion board, visitors agree to abide by the rules outlined on our Rules page. Messages posted on the Democratic Underground Discussion Forums are the opinions of the individuals who post them, and do not necessarily represent the opinions of Democratic Underground, LLC.

Home | Discussion Forums | Journals | Store | Donate

About DU | Contact Us | Privacy Policy

Got a message for Democratic Underground? Click here to send us a message.